TRON - TRX/USD
TRON - TRX/USD
- USD (-)
- Real time data - CoinMarketCap
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Type: Cryptocurrencies
Ticker: TRXUSD
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TRON - TRX/USD - 1H - Technical analysis published on 01/20/2025 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Bullish
Technical indicators
28%
17%
56%
My opinion
Bullish above 0.238764 USD
My targets
0.243935 USD (+1.19%)
0.249982 USD (+3.70%)
My analysis
In the short term, there could be an acceleration of the basic bullish trend on TRON - TRX/USD. This is a positive signal for buyers. As long as the price remains above 0.238764 USD, a purchase could be considered. The first bullish objective is located at 0.243935 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.249982 USD as an objective. Crossing it would then enable buyers to target 0.270008 USD. In the event of a return below 0.238764 USD, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.

In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
4.6

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

TRON - TRX/USD rating 0.241072 USD. The price has increased by +5.48% since the last closing with the lowest point at 0.223366 USD and the highest point at 0.254566 USD. The deviation from the price is +7.93% for the low point and -5.30% for the high point.

0.223366
0.254566
0.241072

So that you have an overall view of the price change, here is a table showing the variations over several periods:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of TRON - TRX/USD in 1H shows an overall bullish trend. 75.00% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Central Indicators

Moving Average bullish crossovers : MA20 & MA50

Type : Bullish

Timeframe : 1 hour



In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 5 are bullish, 10 are neutral and 3 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly


Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour



The analysis of the price chart with Central Patterns scanners does not return any result.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these signals that could have an impact on the current short-term trend:

Central Candlesticks

Bullish harami

Type : Bullish

Timeframe : 1 hour


Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.216028 0.227561 0.238764 0.241072 0.243935 0.249982 0.270008
Change (%) -10.39% -5.60% -0.96% - +1.19% +3.70% +12.00%
Change -0.025044 -0.013511 -0.002308 - +0.002863 +0.008910 +0.028936
Level Minor Minor Minor - Major Intermediate Intermediate



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.1992650.2124470.2204970.2336790.2417290.2549110.262961
Camarilla0.2227090.2246560.2266020.2285480.2304940.2324410.234387
Woodie0.1967000.2111640.2179320.2323960.2391640.2536280.260396
Fibonacci0.2124470.2205570.2255680.2336790.2417890.2468000.254911


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.1652520.1906400.2164610.2418490.2676700.2930580.318879
Camarilla0.2282000.2328940.2375880.2422820.2469760.2516700.256365
Woodie0.1654690.1907480.2166780.2419570.2678870.2931660.319096
Fibonacci0.1906400.2102020.2222870.2418490.2614110.2734960.293058


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard-0.0913310.0557000.1551300.3021610.4015910.5486220.648052
Camarilla0.1867840.2093770.2319690.2545610.2771530.2997460.322338
Woodie-0.1151310.0438000.1313310.2902610.3777920.5367220.624253
Fibonacci0.0557000.1498480.2080130.3021610.3963090.4544740.548622

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 51.96
MACD (12,26,9): 0.0013
Directional Movement: 3.580042
AROON (14): -28.571428
DEMA (21): 0.241806
Parabolic SAR (0,02-0,02-0,2): 0.237029
Elder Ray (13): -0.000013
Super Trend (3,10): 0.227812
Zig ZAG (10): 0.240849
VORTEX (21): 1.1526
Stochastique (14,3,5): 36.35
TEMA (21): 0.243153
Williams %R (14): -68.74
Chande Momentum Oscillator (20): 0.000403
Repulse (5,40,3): 0.0803
ROCnROLL: -1
TRIX (15,9): 0.0742
Courbe Coppock: 5.60
MA7: 0.236858
MA20: 0.246554
MA50: 0.266010
MA100: 0.221375
MAexp7: 0.241639
MAexp20: 0.240332
MAexp50: 0.239637
MAexp100: 0.239308
Price / MA7: +1.78%
Price / MA20: -2.22%
Price / MA50: -9.37%
Price / MA100: +8.90%
Price / MAexp7: -0.23%
Price / MAexp20: +0.31%
Price / MAexp50: +0.60%
Price / MAexp100: +0.74%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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